Axis Bank Cannur Cannur Kerala MICR CODE

Find MICR Codes for Axis Bank Cannur Cannur Kerala

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MICR Code	670211003
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	South Bazar Branch Kannur
Contact	2760766
Bank Details	Axis Bank South Bazar Branch Kannur UTIB0002605

Location	Cannur, Cannur
City	Cannur
District	Cannur
State	Kerala
Pincode	670002
Country	IN
Address	Kadembari akash building r s no 788 2a5 ward no 1 b 15 south bazaar road kannur 670002

Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 670211003 for South Bazar Branch Kannur branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 670211003 of Axis Bank, South Bazar Branch Kannur branch makes the system almost error free and faster. Use of Axis Bank MICR codes for South Bazar Branch Kannur branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Axis Bank are available with micr code -

>>Kannur District Co Operative Bank >>South Bazar Branch Kannur

MICR code for Axis Bank South Bazar Branch Kannur

Axis Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Axis Bank MICR code for South Bazar Branch Kannur is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 670211003 is the MICR code of Axis Bank for South Bazar Branch Kannur branch. MICR code for South Bazar Branch Kannur branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Axis Bank South Bazar Branch Kannur is presented in the table alongside.

Use of Axis Bank MICR code for South Bazar Branch Kannur branch in cannur

The MICR code 670211003 is used in RBI cheque clearing process to identify the branch South Bazar Branch Kannur and Axis Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Axis Bank is typically in either of these two font’s: E-138 and CMC-7.

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